Your partnership with NYSLRS is important to us. With your help, we’re able to provide our members — your employees — with the retirement benefits they’ve earned. Learn more about NYSLRS, your role as an employer, and the Common Retirement Fund by viewing our online presentation, What Every Employer Should Know.
We’ll start mailing Member Annual Statements to you in mid-to-late May (starting with school districts). Due to the large number of statements involved, the distribution process will take approximately six weeks to complete. If you don’t receive statements for your employees by the end of June, please contact us.
The Post-Retirement Reporting (PRR) program allows school districts and BOCES to comply electronically with the reporting requirements of Retirement & Social Security Law (RSSL) Section 217. The PRR program enables employers to report all public retirees on the payroll online and to notify the Retirement System when a NYSLRS retiree exceeds the Section 212 earnings limit, which is currently set at $30,000 per calendar year. Please take a few minutes to learn more about the program.
The legislation that created Tier 6 established variable contribution rates for members based on their annualized wage. This video will help you understand how rates are determined and your important role in the process.